In the timeframe presented, there has been a general increase in the minimum wages in Venezuela. From April 2019 to May 2021, the minimum wage increased 17,500 percent. Since October 2021, the monetary expression of the Venezuelan bolivar changed by removing six zeros from the currency.
Minimum wages in Venezuela from January 2019 to September 2023
(in Venezuelan bolivar)
Characteristic
Minimum wages in Venezuelan bolivar
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* Since October 2021 the Venezuelan bolivar had a new monetary expression that removed six zeros from the currency.
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Organización Jurisprudencia del Trabajo. (October 16, 2023). Minimum wages in Venezuela from January 2019 to September 2023 (in Venezuelan bolivar) [Graph]. In Statista. Retrieved July 17, 2024, from https://www.statista.com/statistics/1418484/minimum-wage-venezuela/
Organización Jurisprudencia del Trabajo. "Minimum wages in Venezuela from January 2019 to September 2023 (in Venezuelan bolivar)." Chart. October 16, 2023. Statista. Accessed July 17, 2024. https://www.statista.com/statistics/1418484/minimum-wage-venezuela/
Organización Jurisprudencia del Trabajo. (2023). Minimum wages in Venezuela from January 2019 to September 2023 (in Venezuelan bolivar). Statista. Statista Inc.. Accessed: July 17, 2024. https://www.statista.com/statistics/1418484/minimum-wage-venezuela/
Organización Jurisprudencia del Trabajo. "Minimum Wages in Venezuela from January 2019 to September 2023 (in Venezuelan Bolivar)." Statista, Statista Inc., 16 Oct 2023, https://www.statista.com/statistics/1418484/minimum-wage-venezuela/
Organización Jurisprudencia del Trabajo, Minimum wages in Venezuela from January 2019 to September 2023 (in Venezuelan bolivar) Statista, https://www.statista.com/statistics/1418484/minimum-wage-venezuela/ (last visited July 17, 2024)
Minimum wages in Venezuela from January 2019 to September 2023 (in Venezuelan bolivar) [Graph], Organización Jurisprudencia del Trabajo, October 16, 2023. [Online]. Available: https://www.statista.com/statistics/1418484/minimum-wage-venezuela/
